Q: If i work in a group for school and we create a marketable idea of a company. Can I create the company without them?
We are creating a fake application for our marketing class. With their help we are creating the idea and presenting it. We all contributed to the final idea. If I create the application and go public with it, could I face legal backlash from them for not including them in the company?
A:
It depends on the terms of your agreement with the other members of the group. If you had a written agreement or contract that specifies each person's rights and responsibilities in regard to the creation and ownership of the company, then you would need to adhere to those terms. If there was no such agreement or if it did not address the ownership of the company, then it may be more difficult for the other members of the group to claim any ownership rights.
It's important to consider the ethical implications of creating a company based on the ideas and contributions of others without their consent or involvement. You should also consult with a legal professional to ensure that you are not violating any intellectual property rights or other legal obligations.
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